Chancellor Calls for 'Confidence About Britain' Despite 'Historic High' Borrowing Costs
Government figures point to economic optimism ahead of the Budget, even as borrowing costs are described as reaching a historic high.
The Chancellor has called for “confidence about Britain” despite what was described as a “historic high” in government borrowing costs, according to BBC Politics.
The comments came as Defence Secretary John Healey detailed plans to spread economic growth more widely across the United Kingdom, ahead of the Chancellor's first Budget, BBC Politics reported.
Further details of the government's economic plans and the specific measures to address regional growth were not immediately available.
This is a developing story and will be updated as more information becomes available.
Sources
- Chancellor calls for 'confidence about Britain' despite 'historic high' borrowing costs — BBC Politics
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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